Common Contracts
1 similar Lease Agreement contracts
Example 6. (i) X and Y enter into a lease- back for a 5-year lease of personal property beginning on January 1, 1998, and ending on December 31, 2002. The rental agreement pro- vides that $0 of rent is allocated to years 1998, 1999, and 2000, and that...Lease Agreement • September 25th, 2014
$17,500,000 is allocated to years 2001 and 2002. The rental agreement provides that the rent allocated to each year is payable on Decem- ber 31 of that year. Assume all rental periods are the calendar year. Assume also that 110 percent of the applicable Federal rate based on annual compounding is 12 percent.
